SIA.TO vs. FCCV.TO

Last updated Jun 4, 2026

SIA.TO (Sienna Senior Living Inc.) is a stock, while FCCV.TO (Fidelity Canadian Value ETF) is Canada Equities fund tracking the Fidelity Canada Canadian Value Index. Over the past 5 years, SIA.TO returned 12.39%/yr vs 17.48%/yr for FCCV.TO. At a 0.37 correlation, their price movements are largely independent.

Performance

SIA.TO vs. FCCV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sienna Senior Living Inc. (SIA.TO) and Fidelity Canadian Value ETF (FCCV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIA.TO achieves a 4.67% return, which is significantly lower than FCCV.TO's 15.39% return.

SIA.TO

• 1D: 0.33%
• 1M: -10.99%
• YTD: 4.67%
• 6M: 4.61%
• 1Y: 18.45%
• 3Y*: 29.84%
• 5Y*: 12.39%
• 10Y*: 8.35%

FCCV.TO

• 1D: -1.10%
• 1M: 5.29%
• YTD: 15.39%
• 6M: 17.25%
• 1Y: 46.84%
• 3Y*: 24.94%
• 5Y*: 17.48%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SIA.TO vs. FCCV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SIA.TO Sienna Senior Living Inc.	4.67%	37.82%	44.91%	14.63%	-22.09%	13.18%	52.13%
FCCV.TO Fidelity Canadian Value ETF	15.39%	36.93%	15.47%	11.16%	-3.35%	34.98%	20.55%

Correlation

The correlation between SIA.TO and FCCV.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jun 16, 2020	0.37

The correlation between SIA.TO and FCCV.TO shifts across timeframes, from 0.24 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SIA.TO vs. FCCV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIA.TO

SIA.TO Risk / Return Rank: 69
SIA.TO Sharpe Ratio Rank: 71
SIA.TO Sortino Ratio Rank: 68
SIA.TO Omega Ratio Rank: 63
SIA.TO Calmar Ratio Rank: 69
SIA.TO Martin Ratio Rank: 74

FCCV.TO

FCCV.TO Risk / Return Rank: 90
FCCV.TO Sharpe Ratio Rank: 92
FCCV.TO Sortino Ratio Rank: 90
FCCV.TO Omega Ratio Rank: 92
FCCV.TO Calmar Ratio Rank: 86
FCCV.TO Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIA.TO vs. FCCV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sienna Senior Living Inc. (SIA.TO) and Fidelity Canadian Value ETF (FCCV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SIA.TO	FCCV.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.02	3.36	-2.34
Sortino ratio: Return per unit of downside risk	1.63	4.28	-2.64
Omega ratio: Gain probability vs. loss probability	1.19	1.61	-0.42
Calmar ratio: Return relative to maximum drawdown	1.56	4.81	-3.25
Martin ratio: Return relative to average drawdown	4.82	21.76	-16.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIA.TO vs. FCCV.TO - Sharpe Ratio Comparison

The current SIA.TO Sharpe Ratio is 1.02, which is lower than the FCCV.TO Sharpe Ratio of 3.36. The chart below compares the historical Sharpe Ratios of SIA.TO and FCCV.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIA.TO	FCCV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	3.36	-2.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	1.17	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.46	-0.91

Drawdowns

SIA.TO vs. FCCV.TO - Drawdown Comparison

The maximum SIA.TO drawdown since its inception was -53.19%, which is greater than FCCV.TO's maximum drawdown of -19.81%. Use the drawdown chart below to compare losses from any high point for SIA.TO and FCCV.TO.

Drawdown Indicators

	SIA.TO	FCCV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-53.19%	-19.81%	-33.38%
Max Drawdown (1Y) Largest decline over 1 year	-11.89%	-9.79%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	-12.31%	-3.08%
Max Drawdown (5Y) Largest decline over 5 years	-30.57%	-19.81%	-10.76%
Max Drawdown (10Y) Largest decline over 10 years	-53.19%	—	—
Current Drawdown Current decline from peak	-11.21%	-1.10%	-10.11%
Average Drawdown Average peak-to-trough decline	-8.99%	-3.54%	-5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.16%	+1.67%

Volatility

SIA.TO vs. FCCV.TO - Volatility Comparison

Sienna Senior Living Inc. (SIA.TO) and Fidelity Canadian Value ETF (FCCV.TO) have volatilities of 4.00% and 3.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIA.TO	FCCV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	3.95%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	13.41%	11.43%	+1.98%
Volatility (1Y) Calculated over the trailing 1-year period	18.16%	14.00%	+4.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.51%	14.99%	+4.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.72%	14.77%	+8.95%

Dividends

SIA.TO vs. FCCV.TO - Dividend Comparison

SIA.TO's dividend yield for the trailing twelve months is around 4.46%, more than FCCV.TO's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCCV.TO Fidelity Canadian Value ETF	1.59%	1.84%	2.59%	3.01%	2.45%	1.66%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%
SIA.TO Sienna Senior Living Inc.	4.46%	4.58%	5.99%	8.15%	8.59%	6.23%	6.62%	5.09%	5.78%	4.94%	5.52%	5.58%

Frequently Asked Questions

Can I hold both SIA.TO and FCCV.TO in my portfolio?

SIA.TO and FCCV.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.